09.21.2022

Agra Asigurari, the company that introduced digitalization in the agricultural insurance sector, has announced the launch on the Romanian market of a platform intended for brokers for issuing more

09.06.2022

The summer 2022 Standard Eurobarometer survey shows increased trust of citizens in the European Union (EU) and continued strong support for the EU's response to the Russian aggression against Ukraine. more

11.12.2021

Euroins Romania, which remained leader on the civil liability car insurance (RCA) segment after the recent collapse of City Insurance, continues the strategy of reducing its exposure in the RCA more

12.29.2020

Insurers in Romania recorded some 16.2 million policies at the end of the first nine months of 2020, 4% more than in the same period in 2019, data from Romania's financial watchdog ASF showed Tuesday. more

07.30.2020

Insurers in Romania recorded more than 15.7 million policies at the end of the first quarter of 2020, up 3.4% compared with the same period in 2019, financial watchdog data showed. more

01.22.2020

City Insurance, the leading third party liability auto insurer in Romania, issued insurance policies of EUR410 million in 2019, 28% more on the year, and paid damage claims of EUR244 million (the more

02.14.2019

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12.07.2016

Allianz-Ţiriac, the second largest insurance company in Romania, underwrote gross premiums worth over RON906 million, in January-September 2016, up 17% on the year. more

07.20.2015

Romania’s insurers are targeting the health insurance policies segment, on the backdrop of higher deduction threshold as of 2016. They forecast an annual growth of underwritten premiums by 20%-25%, more

07.09.2015

NN Asigurări de Viata (formerly ING Asigurări de Viata) is looking for new growth opportunities such as health insurances policies in 2016, after touching a 37% market share on the life insurance more

01.27.2015

Aegon Romania, the local unit of the Dutch insurer, in 2014 registered gross underwritten premiums of around RON50 million and had over 40,000 policies in its portfolio, up from 2013. The number of more

04.09.2014

Companies ought to carry out investment projects that attract foreign or local capital and become profitable to be able to contract bank loans, said Rozalia Pal, chief economist with Garanti Bank more

03.18.2014

Romania pursues a strategy of issuing liquid benchmark bonds and refinancing treasury bills via euro-denominated bonds to improve its public debt management, Budget Minister Liviu Voinea said Tuesday. more

12.30.2013

The Romanian insurance market will have another difficult year, as chances for growth to resume are slim and sales of policies will most likely be flat in 2014, most insurance company officials say. more

12.23.2013

Insurance companies in Romania issued policies worth 6.8 billion lei (EUR1.5 billion) between January and October 2013, flat from the same period a year ago, according to the country's Financial more

09.29.2013

Romania must consolidate its commercial, fiscal and accounting rules in order to crack down on tax evasion, central bank deputy governor Florin Georgescu said Saturday at Bucharest Forum. more

09.10.2013

The Romanian Pool of Insurance Against Natural Disasters (PAID) issued nearly 105,000 mandatory home insurance policies in August, reaching a portfolio of 421,707 contracts, up 33.1% from July 31. more

03.06.2013

The Romanian Government should focus on reducing the social contributions level in 2013 in order to attract foreign investments and generate economic growth, said Dan Schwartz, managing partner with more

02.27.2013

Governments’ interventions in a market economy may help reduce the negative effects of economic and social constraints during one economic cycle or another, but, unless its interventions are more

11.01.2012

Romanian insurer Carpatica Asig Sibiu on Thursday said it underwrote premiums of 11.1 million lei (EUR2.4 million) on the segment of home insurance policies in the first nine months of 2012, up 71% more

08.08.2012

Romanian insurers will be allowed to issue starting September 1, 2012 voluntary home insurance policies only for sums higher than those covered by mandatory home insurance policies, which range more

11.17.2011

Romania’s general and life insurance market fell 3.71% in the first nine months of the year to 6.08 billion lei (about EUR1.39 billion), due to a 5.89% drop in general insurance underwritten more

11.09.2011

Tens of thousands of clients have continued to cancel life insurance policies this year, with the value of policies redeemed early climbing 20% in the first six months, to 233 million lei (EUR53.5 more

10.06.2011

Many homeowners who bought mandatory home insurance policies last year fearing fines did not renew their policies when contracts expired, so that the total number of insured people dropped by around more

07.18.2011

Romanian insurer PAID sold 723,735 mandatory home insurance policies from July 15, 2010 until Friday, for 8.63% of the homes in the country, way below expectations, and paid damages for 16 claims, more